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Application of surplus Income of Tolls
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CXIV. And be it enacted, That the said Commissioners shall apply the surplus Income which shall arise from or in respect of any Tolls or Rates to be imposed and levied as herein-before mentioned, upon or in respect of any River the Navigation of which shall have been improved under this Act, after defraying all such incidental and other Expences as herein-before specified, in or towards the Repayment of the Sum which shall have been paid by any Person respectively under any such Guarantee as aforesaid, together with Interest thereon at the Rate of Five Pounds per Centum per Annum; and after such Sums or Sums shall have been repaid, together with all Interest in respect thereof, then the Tolls and Rates shall, with the Consent of the Commissioners of Her Majesty’s Treasury, or any Three or more of them, be reduced to such an Amount as will defray the Expences herein-before directed to be defrayed out of such Tolls and Rates: Provided always, that when the Amount of the Costs, Charges, and Expences payable under any Award for the Improvement of any River shall be payable by any Grand Jury, then and in such Case the said Tolls and Rates shall, so soon as they shall supply a Fund more than sufficient to defray the Expences herein-before directed to be first defrayed thereout, be reduced in like Manner.
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